“The online processing of vehicle registration, titles and liens has grown, and there are still opportunities for expansion,” said Dan Casey, president and chief executive officer, Casey & Casey, and who will remain part of the Dealertrack Lender Solutions management team after the close of the acquisition. “As part of Dealertrack, we now have the resources to help advance online vehicle processing in the state of Louisiana.”The transaction is expected to close in the second quarter of 2013. About Casey & Casey ( www.autotitle.com ) Headquartered in Metairie, Louisiana, Casey & Casey has a total of seven local service offices across the state including locations in Shreveport, Monroe, Alexandria, Baton Rouge, Lafayette and Houma. About Dealertrack Technologies ( www.dealertrack.com ) Dealertrack Technologies’ intuitive and high-value web-based software solutions and services enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, third-party retailers, agents and aftermarket providers. In addition to the industry’s largest online credit application network, connecting more than 19,000 dealers with more than 1,200 lenders, Dealertrack Technologies delivers the industry’s most comprehensive solution set for automotive retailers, including Dealer Management System (DMS), Inventory, Sales and F&I, Interactive and Registration and Titling solutions. Safe Harbor for Forward-Looking and Cautionary Statements Statements in this press release regarding the benefits of the future acquisition of Casey & Casey, including strengthening our electronic processing presence in the Southern U.S. and expanding our relationships with dealers and lenders in the state of Louisiana and all other statements in this release other than the recitation of historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of Dealertrack Technologies to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements.
Factors that might cause such a difference include the completion of the acquisition of Casey & Casey, the company meeting its financial goals, and other risks listed in our reports filed with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ending December 31, 2011. These filings can be found on Dealertrack Technologies’ website at www.dealertrack.com and the SEC's website at www.sec.gov. Forward-looking statements included herein speak only as of the date hereof and Dealertrack Technologies disclaims any obligation to revise or update such statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events or circumstances.TRAK-G